Common use of Termination for Wholesale Supply Failure Clause in Contracts

Termination for Wholesale Supply Failure. If, during the Term, the Wholesale Transactions are terminated as a result of a default by the Energy Manager (“Wholesale Supply Failure”), then this Agreement will also terminate effective on the date the Wholesale Agreement terminates. In the event of a termination for Wholesale Supply Failure, Gexa shall pay Customer a Wholesale Termination Payment if required by Section 5.5.

Appears in 6 contracts

Samples: Commercial Electricity Service Agreement, Electricity Service Agreement, Commercial Electricity Service Agreement

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Termination for Wholesale Supply Failure. If, during the Term, the Wholesale Transactions are terminated as a result of a default by the Energy Manager (“Wholesale Supply Failure”), then this Agreement will also terminate effective on the date the Wholesale Agreement terminates. In the event of a termination for Wholesale Supply Failure, Gexa shall pay Customer a Wholesale Termination Payment if required by Section 5.5.5.5.‌

Appears in 1 contract

Samples: Commercial Electricity Service Agreement

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